Citadel Securities

The analyst warned that the growing political backlash against artificial intelligence (AI) could become another potential risk for the market. With the upcoming midterm elections this year, concerns about job losses, energy consumption, and inflation are increasingly drawing the attention of policymakers. "AI is not popular with (U.S. voters), and neither is inflation," he wrote. "Unfortunately for the market, policy interventions aimed at one or both of these issues could cool the enthusiasm surrounding the AI theme and trigger a broader tightening of financial conditions."